Summary of
North Korea Takes Tentative Steps Towards Economic Reform

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This four-page article offers a brief overview of economic and political change in North Korea, the country’s relations with its neighbors, and the significance of Kim Jong-un’s ascension as national leader. getAbstract recommends this commentary to readers seeking an introduction to this secretive nation.

In this summary, you will learn

How North Korea has changed since Kim Jong-un became leader,

How China and South Korea are influencing North Korea, and

What blocks North Korean economic development.

About the Author

Stefan Lippert is a consultant and professor at the Temple University's Japan campus. He has been based in Japan since 2005.

Summary

North Korea has experienced more than 60 years of “continuity.” The result has been stability at the cost of prosperity. Kim Jong-un’s succession following the death of his father, Kim Jong-il, has led to some limited change as North Korea tries “economic experimentation.” However, changing the system...